$5,461 Closing Credit*
$459,900
1,837 SqFt
3 Beds
•2 Full Baths
Listing Office: BHHS FOX & ROACH
Is Belvidere, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Belvidere was a Seller's Market.
Key Takeaway
Belvidere is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belvidere, NJ
How much do homes in Belvidere, NJ cost?
Median Sold Price
$364,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,050(+8.0%)
Key Takeaway
Homes in Belvidere have sold for 8% more than they did a year ago.
Summary: The median home sold price in Belvidere was $364,500 in November 2024, up 8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $195K | N/A |
| 2 Bedrooms | $273.5K | $299.9K | +9.7% |
| 3 Bedrooms | $356.5K | $375K | +5.2% |
| 4 Bedrooms | $427.5K | $500.5K | +17.1% |
| 5+ Bedrooms | $350K | $529.5K | +51.3% |
Summary: Belvidere housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 51.3%.
Median Sold Price Compared To Nearby Cities
| Belvidere | $337.4K | $364.5K | +8.0% |
| White Township | $384.5K | $400K | +4.0% |
Housing Supply in Belvidere, NJ
How many homes are available in Belvidere, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 55 | -8.3% |
Summary: The Belvidere real estate market had 55 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 22 | 16 | -27.3% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Belvidere housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 5 | -64.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belvidere, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Belvidere in November 2024, down by 64.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Belvidere, NJ
We’re sorry, we don't have information for this market at the moment
